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20130801
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is opening an investigation into nsa surveillance programs. the former jp morgan trader known as the "london whale" may be off the hook. reports say bruno iksil is not likely to face charges related to bad trading bets that racked up more than $6 billion in losses for jp morgan chase. iksil is called the london whale because he was based in jp morgan's london office and put on monster-sized trading positions. the justice deparmtment and sec are still investigating the bank, but the whale trader is said to no longer be the focus. things are looking up in the u.s. according to bruce flatt. he's the ceo of brookfield asset management and is often refered to as the warren buffett of canada. brookfield already has $100 billion in u.s. assets, and flatt tells cnbc there continues to be a lot of investment opportunity in america. flatt says he's bullish on the u.s. because housing, retail and manufacturing are all making a comeback, and he sees possibilities in the shale gas revolution. flatt also mentioned he's looking for value plays in europe and emerging markets. it's always fascinating to know
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